Wednesday, October 26, 2011

FF Plus says Finance Minister is becoming desperate to balance books

By Lelethu Mquqo
26 October 2011

The Freedom Front Plus says Finance Minister Pravin Gordhan appears to have run out of options to balance the country’s books.

Gordhan released the Medium-Term Budget Policy Statement in Cape Town yesterday.

FF Plus leader Pieter Mulder says it seems as if the Minister is getting desperate.

Mulder however welcomed the emphasis on better discipline in the civil service, as well as moves to curb wasteful expenditure.

Meanwhile, the African Christian Democratic Party says they broadly support Gordhan’s mini budget.

Party spokesperson Steve Swarts says the Minister had very little room to move, given the current global economic uncertainty and South Africa’s sluggish economic growth.


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